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ANNUALREPORT on the Charloe Region Housing Market

Residential Real Estate Activity from The Charloe Regional REALTOR® Association


Annual Report on the Charlotte Region Housing Market RESIDENTIAL REAL ESTATE ACTIVITY FROM THE CHARLOTTE REGIONAL REALTOR® ASSOCIATION

While the 2017 housing market was marked by renewed optimism fueled by stock market strength, higher wages and a competitive environment for home sales, 2018 delivered a more seasoned prudence toward residential real estate. Home buyers, now steeped in several years of rising prices and low inventory, became more selective in their purchase choices as housing affordability achieved a ten-year low. Yet the appetite for home buying remained strong enough to drive prices upward in virtually all markets across the country. In fact, national home prices have risen 53 percent from February 2012 to September 2018. That mark is a less dramatic but still sizable 40 percent increase when inflation is factored in. The national median household income was last reported with a year-over-year increase of 1.8 percent, while home prices have gone up 5.5 percent in roughly the same amount of time. That kind of gap can't be sustained indefinitely, but prices are still expected to rise in most areas, albeit at a much slower pace.

Sales: Pending sales decreased 1.9 percent, closing 2018 at 48,225. Closed sales were down 2.7 percent to finish the year at 47,745. A booming economy would seem to indicate more sales, but fewer homes to choose from coupled with lower affordability made it tougher for buyers in 2018.

Listings: Year-over-year, the number of homes available for sale was lower by 5.9 percent. There were 8,718 active listings at the end of 2018. New listings decreased by 0.3 percent to finish the year at 59,889. Distressed: The foreclosure market continues to be a hint of its former unhealthy peaks. In 2018, the percentage of closed sales that were either foreclosure or short sale decreased by 35.0 percent to end the year at 1.2 percent of the market.

Showings: Demand began to taper in 2018. There were 802,842 total showings in the region, culminating in 17 showings before pending, which was down 1.0 percent compared to 2017.

Prices: Home prices were up compared to last year. The overall median sales price increased 5.8 percent to $238,000 for the year. Single Family home prices were up 6.0 percent compared to last year, and Condo-Townhome home prices were up 9.7 percent. List Price Received: Sellers received, on average, 96.9 percent of their original list price at sale, which remained steady from 2017. If demand shrinks in 2019, original list price received at sale could drop as well. Consumer optimism has been tested by four interest rate hikes by the Federal Reserve in 2018. Meanwhile, GDP growth was at 4.2 percent in Q2 2018, dropped to 3.4 percent in Q3 2018 and is expected to be about 2.9 percent in Q4 2018 when figures are released. Looking strictly at market fundamentals, recent Fed and GDP changes will not cause a dramatic shift away from the current state of the housing market. The booming sales at increased prices over the last several years may not be the same thrill ride to observe in 2019, but a long-awaited increase in inventory is something positive to consider, even if it arrives in the form of shrinking demand amidst rising mortgage rates. The biggest potential problem for residential real estate in 2019 might be human psychology. A fear of buying at the height of the market could create home purchase delays by a large pool of potential first-time buyers, thus creating an environment of declining sales. If the truth of a positive economic outlook coupled with responsible lending practices and more available homes for sale captures the collective American psyche, the most likely outcome for 2019 is market balance.

Table of Contents 3 5 6 7 8 9 10 11

Quick Facts Property Type Review Distressed Homes Review Bedroom Count Review Price Range Review Showings Review Area Overviews Area Historical Prices

The following counties are considered a part of the Charlotte Metro region: Alexander, Anson, Cabarrus, Catawba, Cleveland, Gaston, Iredell, Lincoln, Mecklenburg, Rowan, Stanly and Union counties in North Carolina; Chester, Chesterfield, Lancaster and York counties in South Carolina. Current as of January 5, 2019. All data from CarolinaMLS, Inc. Report provided by the Charlotte Regional Realtor® Association. Report © 2019 ShowingTime. | 2


2018 Annual Report on the Charlotte Region Housing Market

Quick Facts New Listings

Pending Sales 60,049

59,889

57,290 54,874

2014

37,728

+ 0.8%

+ 3.6%

+ 4.8%

- 0.3%

2015

2016

2017

2018

+ 10.2% + 9.0% + 8.7% + 8.0% + 7.3%

Monroe Cabarrus County Gastonia Lake Wylie York County Bottom 5 Areas: Change in New Listings from 2017 Waxhaw Lincolnton Uptown Charlotte Matthews Alexander County

- 3.8% - 5.2% - 7.7% - 10.3% - 62.6%

Closed Sales

2014

48,225

+ 13.3%

+ 9.5%

+ 5.0%

- 1.9%

42,431

2014

2015

2016

2017

2018

Top 5 Areas: Change in Pending Sales from 2017 Salisbury Lancaster County Statesville Kannapolis Lake Wylie

+ 17.0% + 15.4% + 8.3% + 7.7% + 6.2%

Bottom 5 Areas: Change in Pending Sales from 2017 Denver Matthews Anson County Uptown Charlotte Alexander County

- 9.5% - 9.6% - 10.6% - 13.7% - 64.2%

Inventory of Homes for Sale

At the end of the year.

46,298

49,072

47,745

+ 12.9%

+ 9.1%

+ 6.0%

- 2.7%

2015

2016

2017

2018

Top 5 Areas: Change in Closed Sales from 2017 Lancaster County Salisbury Lake Wylie Statesville Concord

14,462 12,158

2014

10,263

9,268

8,718

- 15.9%

- 15.6%

- 9.7%

- 5.9%

2015

2016

2017

2018

Top 5 Areas: Change in Homes for Sale from 2017 + 17.7% + 14.9% + 10.1% + 6.0% + 5.1%

Bottom 5 Areas: Change in Closed Sales from 2017 Matthews Denver Uptown Charlotte Anson County Alexander County

49,169

55,321

Top 5 Areas: Change in New Listings from 2017

37,578

46,813

42,744

Concord Cabarrus County Davidson City of Charlotte Lake Wylie

+ 26.6% + 25.5% + 19.7% + 13.9% + 8.3%

Bottom 5 Areas: Change in Homes for Sale from 2017 - 11.6% - 12.4% - 12.9% - 13.9% - 61.3%

Gaston County Gastonia Salisbury Anson County Alexander County

- 17.0% - 21.5% - 31.2% - 33.7% - 71.4%

Current as of January 5, 2019. All data from CarolinaMLS, Inc. Report provided by the Charlotte Regional RealtorŽ Association. Report Š 2019 ShowingTime. | 3


2018 Annual Report on the Charlotte Region Housing Market

Quick Facts Average Sales Price

Median Sales Price $224,900 $179,000

2014

$189,900

$238,000

$286,796 $269,630 $254,417

$204,000 $228,497

+ 6.1%

+ 7.4%

+ 10.2%

+ 5.8%

2015

2016

2017

2018

2014

$238,444

+ 4.4%

+ 6.7%

+ 6.0%

+ 6.4%

2015

2016

2017

2018

Top 5 Areas: Change in Median Sales Price from 2017 Anson County Davidson Kannapolis Montgomery County Cabarrus County

+ 25.8% + 14.7% + 13.8% + 10.0% + 9.7%

Top 5 Areas: Change in Avg. Sales Price from 2017 Kannapolis Anson County Davidson Stanly County Concord

+ 11.9% + 11.9% + 10.2% + 10.0% + 9.2%

Bottom 5 Areas: Change in Median Sales Price from 2017 Alexander County Waxhaw Lake Norman Denver Uptown Charlotte

+ 3.6% + 3.4% + 3.1% + 0.3% - 2.1%

Bottom 5 Areas: Change in Avg. Sales Price from 2017 Waxhaw Matthews Lincoln County Denver Uptown Charlotte

+ 3.7% + 3.3% + 1.9% + 0.3% - 2.2%

List to Close 125

117

Percent of Original List Price Received 108

97

96.9%

96.9%

96.2%

93 94.9% 94.0%

2014

- 6.4%

- 7.7%

- 10.2%

- 4.1%

2015

2016

2017

2018

2014

+ 1.0%

+ 1.4%

+ 0.7%

0.0%

2015

2016

2017

2018

Top 5 Areas: Change in List to Close from 2017 Alexander County Lancaster County Lake Wylie Uptown Charlotte Concord

+ 8.5% + 4.8% + 4.1% + 4.0% + 2.2%

Top 5 Areas: Change in Pct. of Orig. Price Received from 2017 Anson County Salisbury Statesville Stanly County Iredell County

+ 2.6% + 1.7% + 1.3% + 0.7% + 0.6%

Bottom 5 Areas: Change in List to Close from 2017 Stanly County Kannapolis Gastonia Rock Hill Montgomery County

- 11.0% - 11.1% - 16.0% - 17.2% - 24.1%

Bottom 5 Areas: Change in Pct. of Orig. Price Received from 2017 Lake Wylie Huntersville Davidson Lincoln County Alexander County

- 0.5% - 0.6% - 0.6% - 0.7% - 1.1%

Current as of January 5, 2019. All data from CarolinaMLS, Inc. Report provided by the Charlotte Regional RealtorŽ Association. Report Š 2019 ShowingTime. | 4


2018 Annual Report on the Charlotte Region Housing Market

Property Type Review Top Areas: Condo-Townhome Market Share in 2018

94

83

Average List to Close Single-Family

Average List to Close Condo-Townhome

List to Close This chart uses a rolling 12-month average for each data point. Single-Family

Condo-Townhome

140

130

120

110

100

90

80

70 1-2014

1-2015

1-2016

1-2017

Uptown Charlotte City of Charlotte Davidson Fort Mill Charlotte MSA Lake Norman Rock Hill York County Matthews Lancaster County Lake Wylie Huntersville Mooresville Denver Iredell County Concord Cabarrus County Gaston County Statesville Salisbury Gastonia Lincoln County Union County Monroe Anson County

97.6% 26.0% 24.7% 20.5% 15.8% 14.6% 14.1% 13.8% 13.6% 13.0% 11.7% 10.9% 10.4% 9.5% 8.2% 7.6% 6.3% 6.2% 5.7% 5.2% 5.0% 4.9% 3.8% 3.6% 1.6%

1-2018

+ 6.0%

+ 9.7%

96.7%

98.2%

One-Year Change in Price Single-Family

One-Year Change in Price Condo-Townhome

Pct. of Orig. Price Received Single-Family

Pct. of Orig. Price Received Condo-Townhome

Median Sales Price

Percent of Original List Price Received 2014

$235K

2015

2016

2017

2018

$249K

2014

93.9% 94.8% 96.0%

96.7% 96.7%

94.9%

2015

2016

96.0% 97.1%

2017

2018

98.1% 98.2%

$215K $186K

$200K

$192K $145K

Single-Family

$148K

$162K

$175K

Condo-Townhome

Single-Family

Condo-Townhome

Current as of January 5, 2019. All data from CarolinaMLS, Inc. Report provided by the Charlotte Regional RealtorŽ Association. Report Š 2019 ShowingTime. | 5


2018 Annual Report on the Charlotte Region Housing Market

Distressed Homes Review 1.2%

- 35.0%

Percent of Closed Sales in 2018 That Were Distressed

One-Year Change in Sales of Lender-Mediated

Percent of Sales That Were Distressed 6.7%

4.4% 2.9% 1.8% 1.2%

2014

2015

2016

2017

2018

Top Areas: Lender-Mediated Market Share in 2018 4.8% 3.6% 2.3% 2.1% 2.1% 1.7% 1.6% 1.6% 1.5% 1.5% 1.3% 1.3% 1.3% 1.2% 1.2% 1.1% 1.1% 1.0% 1.0% 1.0% 0.9% 0.9% 0.8% 0.7% 0.7%

Anson County Salisbury Statesville Lincolnton Gastonia Kannapolis Alexander County Gaston County Monroe Stanly County Iredell County Lake Wylie Concord Lincoln County Charlotte Region Cabarrus County Charlotte MSA York County Union County Lancaster County Fort Mill City of Charlotte Mooresville Rock Hill Lake Norman

+ 25.3%

+ 22.6%

+ 37.7%

+ 26.6%

Four-Year Change in Price All Properties

Four-Year Change in Price Traditional Properties

Four-Year Change in Price Foreclosure

Four-Year Change in Price Short Sale

Median Sales Price

$225,000 $194,900

2015

2016

2017

2018

$155,000

$162,000

$239,000

$207,500

$108,255 $83,530

+6.5%

+8.4%

Traditional

+6.2%

$115,000

$128,000

$131,000

$90,000

+7.7%

+20.3%

Foreclosure

+6.2%

+2.3%

+18.3%

+4.5%

Short Sale

Current as of January 5, 2019. All data from CarolinaMLS, Inc. Report provided by the Charlotte Regional RealtorŽ Association. Report Š 2019 ShowingTime. | 6


2018 Annual Report on the Charlotte Region Housing Market

Bedroom Count Review - 3.8%

- 3.9%

Reduction in Closed Sales 2 Bedrooms or Less

Reduction in Closed Sales 4 Bedrooms or More

Closed Sales

2017

2018

23,563 22,953

13,320 12,799

6,664

6,412

- 2.6%

- 3.8% 2 Bedrooms or Less

3 Bedrooms

- 3.9% 4 Bedrooms or More

Top Areas: 4 Bedrooms or More Market Share in 2018 Mooresville Lake Wylie Waxhaw Lake Norman Huntersville Davidson Iredell County Denver Fort Mill Matthews Union County Lancaster County Concord Cabarrus County York County Charlotte MSA Charlotte Region City of Charlotte Lincoln County Monroe Gaston County Rock Hill Gastonia Statesville Lincolnton

41.6% 38.3% 38.0% 37.3% 37.2% 36.6% 33.7% 33.7% 33.4% 32.8% 31.7% 29.6% 29.0% 28.4% 28.1% 27.1% 26.8% 26.2% 25.9% 23.0% 22.5% 21.9% 21.0% 18.5% 16.6%

96.9%

95.8%

97.4%

96.7%

Percent of Original List Price Received in 2018 for All Properties

Percent of Original List Price Received in 2018 for 2 Bedrooms or Less

Percent of Original List Price Received in 2018 for 3 Bedrooms

Percent of Original List Price Received in 2018 for 4 Bedrooms or More

Percent of Original List Price Received This chart uses a rolling 12-month average for each data point. 2 Bedrooms or Less

3 Bedrooms

4 Bedrooms or More

100%

98%

96%

94%

92%

90% 1-2014

1-2015

1-2016

1-2017

1-2018

Current as of January 5, 2019. All data from CarolinaMLS, Inc. Report provided by the Charlotte Regional RealtorŽ Association. Report Š 2019 ShowingTime. | 7


2018 Annual Report on the Charlotte Region Housing Market

Price Range Review $150,001 to $200,000

$500,001 and Above

5.5%

- 48.3%

Price Range with Shortest Average Market Time

Price Range with Longest Average Market Time

of Homes for Sale at Year End Priced $100,000 and Below

One-Year Change in Homes for Sale Priced $100,000 and Below

Days on Market Until Sale by Price Range

Share of Homes for Sale $100,000 and Below 25%

48

$100,000 and Below

20%

29

$100,001 to $150,000

24

$150,001 to $200,000

15%

35

$200,001 to $300,000

10%

55

$300,001 to $400,000

5%

66

$400,001 to $500,000

77

$500,001 and Above

0% 1-2014

1-2015

1-2016

1-2017

1-2018

$200,001 to $300,000

+ 11.9%

$100,000 and Below

- 25.0%

Price Range with the Most Closed Sales

Price Range with Strongest One-Year Change in Sales: $400,001 to $500,000

Price Range with the Fewest Closed Sales

Price Range with Weakest One-Year Change in Sales: $100,000 and Below

Closed Sales by Price Range

2016 13,227

2017

2018

13,837

11,340 8,316 5,766

8,794

9,361 8,972

7,433

6,993

7,623

5,775

5,725 4,736 3,551

$100,000 and Below

2,795

$100,001 to $150,000

$150,001 to $200,000

$200,001 to $300,000

$300,001 to $400,000

3,293 3,686

$400,001 to $500,000

3,512

4,029 4,351

$500,001 and Above

Current as of January 5, 2019. All data from CarolinaMLS, Inc. Report provided by the Charlotte Regional RealtorŽ Association. Report Š 2019 ShowingTime. | 8


2018 Annual Report on the Charlotte Region Housing Market

Showings Review Top 10 Areas: Number of Showings

17

- 1.0%

Median Number of Showings Before Pending

One-Year Change in Median Showings Before Pending

Charlotte MSA

802,842

Mecklenburg County

424,321

City of Charlotte

338,758

York County

93,394

Union County

81,716

Cabarrus County

69,839

Iredell County

60,552

Lake Norman

56,589

Gaston County

54,787

90,000

Mooresville

41,922

80,000

Top 10 Areas: Number of Showings per Listing

Monthly Number of Showings 100,000

70,000

60,000

50,000

40,000 12-2015

12-2016

+ 1.1%

12-2017

12-2018

One-Year Change in Total Showings

Uptown Charlotte

20.3

Matthews

20.1

City of Charlotte

18.8

Mecklenburg County

18.6

Fort Mill

18.2

Waxhaw

17.9

Concord

17.7

Lake Norman

17.6

Davidson

17.4

Charlotte MSA

17.2

April '18

Peak Showing Activity Month

2018 Year-Over-Year Change in Monthly Showings per Listing 12%

+ 9.7%

10% 8%

+ 6.7%

+ 6.2%

6%

+ 4.8%

4%

+ 2.6%

+ 2.0%

+ 1.4%

2%

+ 0.3%

0% -2%

- 1.8%

-4%

- 2.1% - 4.9%

-6% -8%

- 7.3%

-10%

1-2018

2-2018

3-2018

4-2018

5-2018

6-2018

7-2018

8-2018

9-2018

10-2018

11-2018

12-2018

Current as of January 5, 2019. All data from CarolinaMLS, Inc. Report provided by the Charlotte Regional RealtorŽ Association. Report Š 2019 ShowingTime. | 9


2018 Annual Report on the Charlotte Region Housing Market

Area Overviews Total Closed Sales

Change from 2017

Percent CondoTownhome

Percent Distressed

Median Showings to Pending

Months Supply of Inventory

List to Close

Pct. of Orig. Price Received

Charlotte Region

47,745

- 2.7%

14.5%

1.2%

17

2.2

93

96.9%

Alexander County

63

- 61.3%

0.0%

1.6%

8

4.2

140

92.5%

Anson County

124

- 13.9%

1.6%

4.8%

7

5.6

190

91.1%

Cabarrus County

3,808

+ 4.3%

6.3%

1.1%

17

2.0

89

97.1%

Charlotte MSA

40,906

- 1.1%

15.8%

1.1%

17

2.0

89

97.2%

City of Charlotte

15,708

- 6.0%

26.0%

0.9%

19

1.7

80

97.8%

Concord

2,303

+ 5.1%

7.6%

1.3%

18

2.0

91

97.4%

Davidson

470

+ 2.8%

24.7%

0.6%

17

3.6

116

96.0%

Denver

673

- 12.4%

9.5%

0.6%

15

3.3

119

96.4%

Fort Mill

1,569

+ 1.1%

20.5%

0.9%

18

2.0

98

97.1%

Gaston County

3,323

+ 1.9%

6.2%

1.6%

15

1.8

92

96.9%

Gastonia

1,439

- 2.0%

5.0%

2.1%

16

1.7

84

96.3%

Huntersville

1,647

- 3.3%

10.9%

0.4%

17

1.8

94

97.3%

Iredell County

3,168

+ 1.3%

8.2%

1.3%

15

3.3

112

95.8%

785

+ 3.2%

1.1%

1.7%

16

2.0

80

95.8%

Lake Norman

2,293

- 2.5%

14.6%

0.7%

18

3.9

126

95.7%

Lake Wylie

1,227

+ 10.1%

11.7%

1.3%

17

3.3

126

96.6%

Lancaster County

1,828

+ 17.7%

13.0%

1.0%

15

2.5

110

97.0%

Lincoln County

1,324

- 7.2%

4.9%

1.2%

14

2.9

114

95.4%

Lincolnton

421

+ 0.2%

0.2%

2.1%

14

2.9

114

94.6%

Matthews

1,103

- 11.6%

13.6%

0.6%

20

1.5

77

97.5%

Mecklenburg County

19,735

- 6.0%

24.6%

0.8%

19

1.8

83

97.7%

Monroe

1,025

+ 1.0%

3.6%

1.5%

14

2.0

78

97.0%

222

- 4.3%

0.5%

0.5%

8

7.2

164

88.2%

Mooresville

1,994

- 0.7%

10.4%

0.8%

16

3.3

113

96.1%

Rock Hill

1,780

+ 3.2%

14.1%

0.7%

17

1.6

72

97.5%

Salisbury

912

+ 14.9%

5.2%

3.6%

13

2.4

110

94.4%

Stanly County

688

0.0%

1.5%

1.5%

12

2.9

113

94.5%

Statesville

907

+ 6.0%

5.7%

2.3%

13

3.3

110

95.4%

4,168

+ 0.6%

3.8%

1.0%

16

2.2

96

97.0%

371

- 12.9%

97.6%

0.3%

20

2.2

104

96.6%

Waxhaw

1,264

- 0.4%

1.0%

0.4%

18

2.6

111

96.5%

York County

4,901

+ 3.6%

13.8%

1.0%

17

2.0

89

97.1%

Kannapolis

Montgomery County

Union County Uptown Charlotte

Current as of January 5, 2019. All data from CarolinaMLS, Inc. Report provided by the Charlotte Regional RealtorŽ Association. Report Š 2019 ShowingTime. | 10


2018 Annual Report on the Charlotte Region Housing Market

Area Historical Median Prices 2014

2015

2016

2017

2018

Change From 2017

Change From 2014

Charlotte Region

$179,000

$189,900

$204,000

$224,900

$238,000

+ 5.8%

+ 33.0%

Alexander County

$115,250

$123,678

$138,700

$147,750

$153,000

+ 3.6%

+ 32.8%

Anson County

$62,500

$59,500

$86,900

$79,500

$100,000

+ 25.8%

+ 60.0%

Cabarrus County

$169,950

$184,500

$193,000

$205,000

$224,900

+ 9.7%

+ 32.3%

Charlotte MSA

$185,000

$195,500

$210,505

$230,000

$244,000

+ 6.1%

+ 31.9%

City of Charlotte

$178,500

$188,000

$202,000

$225,000

$237,500

+ 5.6%

+ 33.1%

Concord

$165,000

$177,500

$188,000

$204,000

$222,473

+ 9.1%

+ 34.8%

Davidson

$288,500

$297,500

$332,500

$324,000

$371,500

+ 14.7%

+ 28.8%

Denver

$289,154

$291,445

$350,000

$334,000

$334,900

+ 0.3%

+ 15.8%

Fort Mill

$256,500

$260,000

$285,000

$299,000

$324,500

+ 8.5%

+ 26.5%

Gaston County

$124,815

$139,000

$149,999

$164,945

$180,000

+ 9.1%

+ 44.2%

Gastonia

$118,000

$133,500

$142,000

$155,000

$165,000

+ 6.5%

+ 39.8%

Huntersville

$245,000

$258,435

$270,000

$296,683

$313,000

+ 5.5%

+ 27.8%

Iredell County

$190,000

$208,000

$216,500

$244,000

$254,500

+ 4.3%

+ 33.9%

Kannapolis

$94,000

$116,000

$124,299

$133,360

$151,800

+ 13.8%

+ 61.5%

Lake Norman

$345,000

$341,000

$365,000

$375,994

$387,500

+ 3.1%

+ 12.3%

Lake Wylie

$298,820

$290,279

$330,000

$327,000

$354,765

+ 8.5%

+ 18.7%

Lancaster County

$232,000

$246,548

$259,000

$268,000

$279,000

+ 4.1%

+ 20.3%

Lincoln County

$193,000

$196,000

$236,500

$255,000

$266,000

+ 4.3%

+ 37.8%

Lincolnton

$127,500

$130,000

$142,000

$155,500

$164,000

+ 5.5%

+ 28.6%

Matthews

$218,000

$235,500

$257,500

$278,250

$295,000

+ 6.0%

+ 35.3%

Mecklenburg County

$192,000

$204,708

$218,500

$239,900

$252,000

+ 5.0%

+ 31.3%

Monroe

$150,000

$157,250

$172,000

$186,000

$204,000

+ 9.7%

+ 36.0%

Montgomery County

$130,475

$133,750

$135,000

$120,000

$132,000

+ 10.0%

+ 1.2%

Mooresville

$242,486

$255,000

$260,000

$287,000

$300,000

+ 4.5%

+ 23.7%

Rock Hill

$150,000

$157,000

$169,900

$185,500

$195,000

+ 5.1%

+ 30.0%

Salisbury

$110,450

$120,000

$137,700

$143,000

$149,000

+ 4.2%

+ 34.9%

Stanly County

$115,500

$126,000

$137,500

$144,990

$155,000

+ 6.9%

+ 34.2%

Statesville

$115,000

$131,000

$144,000

$154,000

$166,000

+ 7.8%

+ 44.3%

Union County

$222,000

$235,000

$258,750

$284,000

$300,000

+ 5.6%

+ 35.1%

Uptown Charlotte

$269,450

$250,500

$263,000

$284,000

$278,000

- 2.1%

+ 3.2%

Waxhaw

$326,870

$346,700

$388,479

$382,000

$394,900

+ 3.4%

+ 20.8%

York County

$194,500

$206,000

$226,900

$244,000

$255,000

+ 4.5%

+ 31.1%

Current as of January 5, 2019. All data from CarolinaMLS, Inc. Report provided by the Charlotte Regional RealtorŽ Association. Report Š 2019 ShowingTime. | 11

Profile for Cottingham Chalk

2018 CRRA Annual Report  

2018 CRRA Annual Report